Examlex
Does the presence of an outlier in your data set necessarily mean that you cannot use the normal model to interpret the data? Explain.
Health Care
The organized provision of medical services to individuals or communities to maintain or improve health.
Individual Mandate
A requirement that individuals purchase or otherwise obtain health insurance, or face penalties, aimed at expanding healthcare coverage.
Health Insurance
Insurance that reimburses the policyholder for expenses related to medical and surgical care.
Community Rating
An insurance pricing strategy which sets premiums based on the collective risk profile of a community or geographic area rather than individual risk factors, often used in healthcare insurance.
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